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Egypt’s President Abdel Fattah Al-Sisi received, on Monday, CEO of Maersk Soren Seko to discuss a project to produce clean fuel for ships in Egypt with $15bn investment, which will provide more than…
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The Central Bank of Egypt (CBE) has relaxed restrictions on the use of foreign currencies for imports in a bid to ease the buildup of goods at ports, according to a document circulating among banks.
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Talks between Egypt and the International Monetary Fund (IMF) for new financing are still ongoing and achieving progress as per the set timeline, Director of the Middle East and Central Asia…
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anon is ranked 13th in terms of the largest countries investing in Egypt, with investments in the Arab world’s most populous nation worth $1.2 billion, the Middle East News Agency (MENA) cited Egypt’s…
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Chairperson of the Agricultural Bank of Egypt (ABE) Alaa Farouk said that the bank’s total credit portfolio recorded about EGP 60.204bn at the end of August 2022, pointing out that the total financing…
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Egypt’s Ministry of Trade and Industry lifted this week its ban on the export of several staple food commodities, including wheat, flour and fava beans for six months since March.
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Egypt's Information Technology Industry Development Agency (ITIDA) has signed a memorandum of understanding (MoU) with OPPO, a China-based consumer electronics manufacturer.
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The OPR screens revealed on Wednesday that about 97% of the target shares responded to an offer from Expedition on Arab Food Industries (Domty) of 93 million shares out of about 96.18 million shares…
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Commercial International Bank (CIB) has announced the integration of ESG principles across the Bank’s 37 policies in the first half of 2022, in accordance with its Sustainable Finance Policy, issued…
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The Central Bank of Egypt (CBE) has renewed its warning against dealing in any type of cryptocurrency through regional or international platforms.
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